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WBA’s Stochastic Averages Dip: Analyzing Walgreens Boots Alliance Inc.’s Stock Performance

Currently, the stock price of Walgreens Boots Alliance Inc. (WBA) is $22.42. In the most recent trading session, the stock underwent a significant upswing, peaking at $22.64 after opening at $22.48. The stock touched a low of $22.14 before closing at $22.48.

The market performance of Walgreens Boots Alliance Inc. has been somewhat unstable. Over the past year, the company’s stock achieved a high of $42.29 on 12/13/22, with the lowest value for the same timeframe being $21.39, recorded on 09/11/23.

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52-week price history of WBA Stock

Analyzing the 52-week price history of a stock, including its high and low prices, can provide valuable insight into its current status and potential future performance. Walgreens Boots Alliance Inc.’s current trading price is -46.99% away from its 52-week high, while its distance from the 52-week low is 4.82%. The stock’s price range for this period has remained between $21.39 and $42.29. The Healthcare sector company’s shares managed to surpass a trading volume of around 21.72 million for the day, which was noticeably higher compared to the shares’ average daily volume of 11.22 million over the last three months.

Financial Performance and Market Capitalization

Walgreens Boots Alliance Inc. (WBA) has experienced a quarterly decline of -29.98% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 19.41B and boasts a workforce of 200000 employees.

Analysts’ Ratings For Walgreens Boots Alliance Inc.

As of right now, 1 analyst is rating Walgreens Boots Alliance Inc. as a BUY, 1 of the polled analysts branded the stock as an OVERWEIGHT, 14 analysts are recommending to HOLD this stock, 1 of them gave the stock UNDERWEIGHT rating, and 1 analyst is rating the stock as SELL.

Moving average and trading volume data

Based on Barchart.com data, the company’s moving average over the 100-day period was 29.45, with a change in price of -13.08. Similarly, Walgreens Boots Alliance Inc. recorded 9,824,068 in trading volume during the last 100 days, posting a change of -36.85%.

WBA Debt-to-equity ratio analysis

The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for WBA stands at 0.61. Similarly, the long-term debt-to-equity ratio is also 0.46.

WBA Stock Stochastic Average

As of today, the raw stochastic average of Walgreens Boots Alliance Inc. over the past 50 days is 10.38%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 18.46%. Additionally, the Stochastic %K and %D values for the company were 13.76% and 8.91%, respectively, over the past 20 days.

WBA Stock Price Performance Analysis

The performance of the stock price over the year has been up and down, leaving investors with either an optimistic or pessimistic outlook, depending on how they interpret the data. This year’s metric has recorded a Price decrease of -39.99%. However, over the past six months, we’ve seen a stronger performance of -32.89%. The price of WBA leaped by -20.47% over the last 30 days. And in the last five days, it has surged by 1.96%.

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